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20110988� NON-UNIFORM COVENANTS. Boaower and Lender further covenant and agree as follows: 17. Assignment of Rents. Batrower unwnditionally essigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or Lender' s agents to collect the rents and revenues and hereby directs each tenaz►t of the Property to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower' s breach of azry covenant or agreement in the Seci¢ity Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee far the benefit of Lender and Borrower. This assignment of rents constiNtes an absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Bottower as hvstee for benefit of Lendet only, to be applied to the s�s seciued by the Secisity Instrument; @) Lender shall be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand ro the tenan� Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this paragraph 17. Lender shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any application of reats shall not ciue or waive arry deEault or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt sec�rced by the Security Instrument is paid in fiill. 18. Foreclosare Procedare. If Lender reqnires immediate payment in full nnder paragraph 9, Lender may invoke t6e power of sale and soy other remedies permitted 6y applicable law. Lender shall be enHded to coDect all eapenses incurred in pnrsuiag the remedies provlded in thLs paragraph 18, inclnding, but not limited ta, reasonable attorneys' fees and costs of 8tle evidence. If the power of sale is invoked, Trustee shall record a notice of defanit in each county in which any pert of the Property is located and shall mail copies of euch noHce in the manner prescri6ed by applicable law to Barrower and to the other persons pr�scribed by, applicable law. After the Hme reqnired by appllcable law, Trustee, shall give pubHc noHce of sale to the persons and in the manner prescribed by applicable law. Trustee, wlt6out demand on Borrower, shaD sell t6e Property at public auction to the highest bidder at the dme and place and ander t6e terms dedgnated in the noHce of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of t6e Property by publie announcemeat at the time and place of any prevlonsly schedWed sale. Lender or its designee may purchase t6e Property at any sale. Upon r�eipt of payment of the price bid, Trustee s6all deliver to the pnrc6aser Trastee's deed conveylug t6e Property. The recitaLs in the Trustee's deed shall be prlma facie evidence of the Wt6 of the statements made therein. Trustee s6all apply the proceeds of the sale in the following order. (a) to all costs and eapenses of eaercising the power of sale, and the sale, includin; t6e payment of t6e Trastee's fees actnally incarred and reasonable attorneys' fees as permitted by appHcable law; (b) to all sums secnred by t6is Security Instroment; and (c) any eacess to the peraon or persons legally entitled to it If t6e Lender's interest in this Security Instrament is held by the Secretary and t6e Secretary requires ta►mediate payment in fuD nnder paragraph 9, the Secretary may iovoke the nonjndidal power of sale provided in t6e Single Family Mortgage Foreclosnre Act of 1994 ("Act'� (12 U.S.C. 3751 et s.) by requesting a foreclasure commissioner designated ander the AM to commence foreclosure and to seD t6e Property as provided !n t6e AcL Nothing in the preceding sentence s6a11 deprive tfie Secretary of anp dghts otherwise avallable to a Lender under tlils paragtaph 18 or applicable law. 19. Reconveyance. Upon payment of all sums sec�sed by this Security Instrument, Lender shall request Ttvstee to reconvey the Property and shall surrender this Security Inshvment and all notes evidencing debt secured by this Secutity Instrument to Ttvstee. Trustee shall reconvey the Property without warranty to the petson or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may chazge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted imder applicable law. 20. Snbsdtate Trastee. Lender, at its option, may fram time to time remove Trustee and appoint a successar trusttee to any Trustee appointed hereunder by an instr�ent recorded in the county in wlrich this Security In.stnmient is recorded. Without canveyance of the Property, the succ�sor uvstee shall succced to all the title, power and duties conferred upon Trustee herein and by applicable law. 21. Request for Noflces. Bonower requests that copies of the notice of default and sale be sent to Boaower' s address which is the Property address. Z2. Rlders to this Securlty Iastr�ent If one or more riders are executed by Borrower and recorded together with this Securiry Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this 5eciuity Instrument as if the rider(s) were a part of this Seciuity Instrument [Check applicable box(es)] � Condominitmm Rider. � Plaffied Unit Development Rider � Non-Owner Occupancy Rider � Graduated Payment Rider � Growing Equity Rider � Adjustable Rate Rider � Rehabilitation Loan Rider ❑ ��' [SP�3'] FHA N�RASKA D� OF TRUST - MER.S �eg/� � NmOTZ.FHA 05/23/11 Page 5 ot 7 www.dovnagtc.mm �IUII� IDI I O I�I IIa I I n I � 01111pII IIIaIi Q 10